GNI, PPP in Greenland
Greenland: GNI, PPP was 2.28 billion current international $ in 2007. ▲ Rising
GNI, PPP in Greenland, 1990–2007
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Greenland recorded 2.28 billion current international $ for gni, ppp in 2007. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 15.9% on the previous year and up 72.8% over ten years.
Over the whole period, gni, ppp in Greenland peaked at 2.28 billion current international $ in 2007 and was at its lowest, 1.04 billion current international $, in 1993.
Greenland ranks 187th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.21 billion current international $ | 1.04 billion current international $ | 1.48 billion current international $ | 10 |
| 2000s | 1.83 billion current international $ | 1.63 billion current international $ | 2.28 billion current international $ | 8 |
Countries ranked near Greenland
- 184 San Marino 2.44 billion current international $ compare
- 185 Grenada 2.37 billion current international $ compare
- 186 Solomon Islands 2.34 billion current international $ compare
- 188 Sint Maarten (Dutch part) 2.26 billion current international $ compare
- 189 Saint Vincent and the Grenadines 2.23 billion current international $ compare
- 190 Samoa 2.04 billion current international $ compare
More economy & growth data for Greenland
- Services, value added 2.2% (2023)
- Industry (including construction), value added -1.3% (2023)
- Industry (including construction), value added 3.80 billion constant LCU (2023)
- Industry (including construction), value added 18.4% (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
Frequently asked questions
- What is gni, ppp in Greenland?
- Gni, ppp in Greenland was 2.28 billion current international $ in 2007, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Greenland?
- The highest recorded value was 2.28 billion current international $ in 2007.
- What is the lowest gni, ppp recorded in Greenland?
- The lowest recorded value was 1.04 billion current international $ in 1993.
- How does Greenland rank for gni, ppp?
- Greenland ranks 187th out of 202 countries with data for 2007.
- Is gni, ppp rising or falling in Greenland?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (current international $). Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.